McDonald's (GL)

1720 Celebration Boulevard, Kissimmee, FL 34747

$2,351,940

Cap Rate 3.50%

Views: 31 DOM: 120 Updated: 04.25.24 Posted: 01.18.24 Status: Active

Summary

Price $2,351,940	Built/Renov 2018	Tenant McDonald's (GL)
Cap Rate 3.50%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 4,320	Lease Start 09-01-2018	#Units 40,275
Price/SF $544.43	Expiration 09-27-2038	Tenant Type Fast Food/QSR
NOI $82,318	R. Term 14.4	Ownership Ground Lease
Rent/SF $19.44	Increases 10.0%/4/yrs	Pop 5Mi 56,337
Lot/AC 1.13	Options 8/5yrs/10%	AHHI 5Mi $100,137

Lease Highlights

McDonald’s has 14+ years remaining on the current ground lease term with 8 (5-year) options to extend
Lease features 10% rental increases every 5 years throughout the initial term and at the start of each option period
Absolute NNN | Zero landlord responsibilities
Corporate guaranteed lease

Location Description

McDonald's is strategically located on Celebration Drive, with access to 26,000 vehicles passing by daily. The property benefits from adjacency to Interstate 4, with a significant daily traffic count of 166,600. Furthermore, its strategic location places it just minutes away from Walt Disney World’s four amusement parks, drawing in over 47 million visitors in 2022. In close proximity to the...

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Key Features

Strategically located
Freeway close
Top 100 MSA
Affluent AHHI $100K 5 Mi
Income tax free state
Absolute NNN
Long 10+ yr lease
Traded and rated company
Corporate Guarantee
Investment grade tenant

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Links

McDonald's Wikipedia McDonald's Wikipedia Kissimmee, Florida Zip Code 34747 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: McDonald's
Guarantor:Corp T and Rated
Company:McDonald's Corporation
# Units:40,275
Tenant S&P: BBB+
Moody’s: Baa1
Stock: NYSE: MCD

About Tenant

McDonald's Corporation, dba McDonald’s, is an American-based, multinational fast food chain. McDonald's is best known for its hamburgers, cheeseburgers, and french fries, although their...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	6,463	23,330	68,905
2023 Total Population :	6,331	19,121	56,732
2023 Employed Civilian Pop :	3,704	10,164	30,960
2023 Total Businesses :	297	1,162	2,934
2023 Average Household Income :	$ 153,487	$ 135,723	$ 100,124
2023 Total Consumer Spending :	$ 335 M	$ 873 M	$ 1919 M
2023 Median Age :	43	40	38
2023 Total Households :	2,635	7,654	22,248
2023 Pop Age 25+: Bachelor's Degree :	1,720	4,053	10,137
2023 Average Home Value :	$ 567,475	$ 523,395	$ 401,246

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Celebration Boulevard		2012	7,800	0.04 mi
World Drive		2007	9,883	0.12 mi
	World Dr	2022	400	0.21 mi
	State Hwy 417	2022	1,800	0.24 mi
	State Hwy 417	2022	4,000	0.25 mi
	State Hwy 417	2022	2,500	0.32 mi
Southern Connector Extension	World Dr	2021	22,000	0.43 mi
World Drive	State Hwy 417	2021	7,400	0.43 mi
	State Hwy 417	2022	6,550	0.43 mi
	Old Lake Wilson Rd	2022	13,500	0.43 mi

Listing Broker

Jereme Snyder

Colliers NNN Group

Contact

138 Listings
6878 Views
40 Sold

Eric Carlton

Colliers NNN Group

Contact

149 Listings
7463 Views
42 Sold

Jereme Snyder

Jereme S. Snyder is a Executive Vice President within the Retail Services Group in Greater Los Angeles and a Director of Colliers NNN Group for Colliers International nationwide. The Colliers Retail Services Team is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting in debt solutions. Colliers NNN Group is a national

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Eric Carlton

Eric Carlton serves as Executive Vice President within the Retail Capital Markets Group of Greater Los Angeles, Partner of the Colliers NNN Group, and Co-Founder of the Snyder/Carlton Team for Colliers International nationwide. The Colliers Retail Services Group is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting i

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